SIZE OF FARM 



perous was the operating owner or tenant, 

 the size of the farm did not seem to affect 

 the profit of the landlord. 



The amount of land one individual may 

 own is unlimited ; the size of the farm unit 

 is limited. After a farm unit has reached 

 a certain size, depending upon the type of 

 farming, the general arrangement of the 

 farm and the skill in management, any fur- 

 ther increase will increase the cost of opera- 

 tion, and as the increase continues eventually 

 cause a decrease in profits. Assuming this 

 to be true, it follows as a mathematical neces- 

 sity that as the farm increases in size the 

 total profits will increase as the farm in- 

 creases up to a given point and then the 

 profits will decrease. The following table 

 illustrates this law: 



67 



